Month

May 2021
2020 was a truly unique year from a stock market perspective in that the most expensive stocks got more expensive, while the cheapest stocks got cheaper.  All of this was in spite of the year starting with the spread between value and growth already at near-record levels, with many astute investors betting on mean reversion. ...
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Today the U.S. consumer prices numbers were released.  The numbers topped forecasts significantly, increasing by 0.8% from the prior month, reflecting gains in nearly every major category.  To put it into context, the gain in the overall CPI was twice as much as the highest projection in a Bloomberg survey of economists.  It is clear...
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    7242 East Cortez Rd
    Scottsdale, AZ 85260
    Phone: 805-886-8140
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